---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-029850"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T17:15:44.951101+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Marpai shareholders approve reverse stock split authorization up to 1:5

## Summary
- Reverse split ratio authorized between 1:2 and 1:5, implementation by Dec 31, 2023.
- Proposal 1 passed with 17,374,153 for, 729,672 against, 1,810 abstentions.
- Proposal 2 (adjournment if needed) passed with 17,857,307 for, 246,622 against.
- Board discretion to set exact ratio and timing within the authorized range.

## SEC filing metadata
- accession: 0000950170-23-029850
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000095017023029850/0000950170-23-029850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000095017023029850/mrai-20230626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-029850
- JSON: https://secwatch.observer/filing/0000950170-23-029850.json
- Plain text: https://secwatch.observer/filing/0000950170-23-029850.txt

## Key facts
- Shareholder Votes
  Marpai, Inc. shareholders approved Authorization of the Company's Board of the Directors to Amend the Certificate of Incorporation to Effect a Reverse Stock Split of All Outstanding Shares of Class A Common Stock at the 2023-06-26 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-06-26
  source text: Proposal No. 1 - Authorization of the Company’s Board of the Directors to Amend the Certificate of Incorporation to Effect a Reverse Stock Split of All Outstanding Shares of Class A Common Stock The Company’s stockholders voted to authorize the Company’s Board of Directors to amend the Company’s Certificate of Incorporation, as amended, to effect a reverse split of the Company’s issued and outstanding shares of Class A common stock, $0.0001 par value per share, at a ratio of not less than one-for-two (1:2) and not greater than one-for-five (1:5), to be implemented no later than December 31, 2023, as determined by the Board in its sole discretion: For Against Abstain Broker Non-Votes 17,374,153 729,672 1,810 N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017023029850/0000950170-23-029850-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.